New Market

County:: Frederick County
County Seat:: No
Area (mi²):: 1.77
State:: Maryland

New Market is a town located in Frederick County, Maryland. New Market has a 2025 population of 1,711. New Market is currently growing at a rate of 2.09% annually and its population has increased by 11.39% since the most recent census, which recorded a population of 1,536 in 2020.

The average household income in New Market is $213,590 with a poverty rate of 0.88%. The median age in New Market is 34 years: 35.9 years for males, and 31.5 years for females.

Demographics

The racial composition of New Market includes 81.55% White, 5.35% Black or African American, and smaller percentages for Asian, other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	1,295	81.55%
Two or more races	165	10.39%
Black or African American	85	5.35%
Asian	37	2.33%
Other race	6	0.38%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

New Market Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

New Market's average per capita income is $107,273. Household income levels show a median of $198,080. The poverty rate stands at 0.88%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$201,813	-
Families	$200,550	$226,745
Households	$198,080	$213,590
Non Families	$49,444	$111,316

$107,273

Average Income

$198,080

Median Household Income

0.88%

Poverty Rate